Quote from: LUCKMCFLY on January 17, 2020, 09:18:57 PM

Logic in the market rarely works, normally the market does the opposite of what should happen logically, or what the masam thinks and given the volatility, it makes the movements more aggressive on some occasions. Jesse Livermore, always in his books recommends speculating on the line of least resistance, putting emotions aside and thinking like strong hands, which is the best strategy.

And that is because the markets consist of humans and bots that have been programmed by humans, we are not really logical in the way we think and most decisions that we thought that we took by using a logical process were taken using our emotions and then we tried to rationalize those decisions after the fact.

This is why traders that try to make sense of the market are never successful, they think that the market needs to follow some kind of set of rules that they have created to describe its movements and when the market doesn't move like that they think that the market is wrong not understanding that the market is never wrong, the only one that can be wrong is the trader.